FORM NO.
12BB
[See rule 26C]
Employee's Income Tax Declaration Form for the Financial Year 2023-24
Name of Company:
Name : PAN No :
Designation : Gender :
Department :
Tax Calculation ( Please Tick One Option) Old Tax Regime New Tax Regime
Proposed
S. No. DESCRIPTION
Investment
A Particulars of Income other than salary (optional)
Other Incomes (specify if any)
DETAIL OF HOUSE PROPERTY FOR CLAIMING REBATE UNDER SECTION 24
B
OF THE I.T ACT :
Address of house property :
Whether self occupied : (Yes /No)
If no , Net annual income of house property
Amount of housing loan Interest for the F.Y. 2023-24
Amount of Interest for Pre-Contruction Period (as per Income Tax Rule)
HRA: RENT PAID PER MONTH (if above 8000 pm
C then required pan card copy of
Landloard)
D INVESTMENTS U/S 80C, 80CCC, 80CCD
1 Public Provident Fund
2 Contribution to Certain Pension Funds
3 Housing Loan Principal Repayment
4 Insurance Premium
5 Term Deposit with Schedule Bank
6 National Saving Scheme / Certificate
7 Mutual Fund
8 Children Tuition Fees
9 Others, (Please specify if any)
Total Investments U/S 80C - limited to Rs
1,50,000/- only
E OTHER PERMITTED DEDUCTIONS
80D - Medical Insurance Premium (Maximum Rs.
1 25,000
(Rs. 50,000 for senior citizens
2 80G - Donations
3 Others - (Please specify if any)
SECTION-VIII
I, ___________________________, do hereby declare that the aforesaid information is true and correct to the best of
my information and belief and I shall indemnify the company against all costs and consequences
if any information is later on found to be incorrect.
Signature of Employee :______________________
Date :______________________
Place :______________________
Note: Please read & understand the guidelines provided in Instruction for filling Investment proof form before submitting
Individuals
The tax rates under the old regime are as under:
Rate of Income-tax
Net Income Range
Financial Year 2023-24
Up to Rs. 2,50,000 Nil
Rs. 2,50,000 to Rs. 5,00,000 5%
Rs. 5,00,000 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
The tax rates under the new tax regime are as under:
For Financial Year 2023-24:
Net Income Range Tax rate
Upto Rs. 3,00,000 Nil
From Rs. 3,00,001 to Rs. 6,00,000 5%
From Rs. 6,00,001 to Rs.9,00,000 10%
From Rs. 9,00,001 to Rs. 12,00,000 15%
From Rs. 12,00,001 to Rs. 15,00,000 20%
Above Rs. 15,00,000 30%
